Executive Wealth Management LLC Purchases New Shares in JPMorgan Equity Premium Income ETF (NYSEARCA:JEPI)

Executive Wealth Management LLC acquired a new stake in JPMorgan Equity Premium Income ETF (NYSEARCA:JEPI – Get Rating) in the 1st quarter, HoldingsChannel.com reports. The institutional investor acquired 39,442 shares of the company’s stock, valued at approximately $2,421,000.

Several other hedge funds and other institutional investors have also bought and sold shares of the company. JPMorgan Chase & Co. lifted its position in shares of JPMorgan Equity Premium Income ETF by 41.5% in the fourth quarter. JPMorgan Chase & Co. now owns 19,591,892 shares of the company’s stock worth $1,238,012,000 after purchasing an additional 5,745,078 shares in the last quarter. Bank of America Corp DE boosted its stake in JPMorgan Equity Premium Income ETF by 135.2% in the fourth quarter. Bank of America Corp DE now owns 2,930,379 shares of the company’s stock worth $185,171,000 after purchasing an additional 1,684,533 shares in the last quarter. Envestnet Asset Management Inc. lifted its stake in shares of JPMorgan Equity Premium Income ETF by 188.1% during the fourth quarter. Envestnet Asset Management Inc. now owns 1,894,487 shares of the company’s stock valued at $119,713,000 after acquiring an additional 1,236,935 shares during the period. RiverFront Investment Group LLC increased its holdings in JPMorgan Equity Premium Income ETF by 64.2% in the fourth quarter. RiverFront Investment Group LLC now owns 2,460,186 shares of the company’s stock valued at $155,458,000 after purchasing an additional 962,188 shares during the last quarter. Finally, Advisor Group Holdings Inc. increased its holdings in shares of JPMorgan Equity Premium Income ETF by 98.3% in the fourth quarter. Advisor Group Holdings Inc. now owns 712,694 shares of the company’s stock worth $45,020,000 after acquiring an additional 353,230 shares in the last quarter.

Shares of NYSEARCA JEPI opened at $54.30 on Thursday. The stock has a 50 day moving average price of $57.51 and a 200 day moving average price of $59.82. JPMorgan Equity Premium Income ETF has a 52 week low of $52.54 and a 52 week high of $63.67.

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